New Hampshire Revised Statutes 102:26 – Transfer of Reserves
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 102:26
- Permanent fireman: shall mean a private fireman or officer regularly employed on full time duty by any fire department of any city, town or precinct in the state. See New Hampshire Revised Statutes 102:2
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
Upon transfer of membership of a permanent fireman from the state employees’ retirement system to the firemen’s retirement system under the provisions of this subdivision, in addition to the transfer of his accumulated contributions under the provisions of N.H. Rev. Stat. § 100:23, the reserve for benefits accrued under the state employees’ retirement system provided by the employer’s contributions on account of his service rendered prior to the date of such transfer, actuarially computed, shall be transferred from the state employees’ retirement system to the firemen’s retirement system.